Here are the expected cash flows for three projects:

$\backslash$table$[[,$Cash Flows $($dollars$)],[$Project$,$Year $0,$Year $1,$Year $2,$Year $3,$Year $4,],[$A$,-7,000,+1,500,+1,500,+4,000,0,],[$B$,-3,000,0,+3,000,+3,000,+4,000,],[$C$,-7,000,+1,500,+1,500,+4,000,+6,000,]]$

a$.$ What is the payback period on each of the projects?

b$.$ If you use the payback rule with a cutoff period of $2$ years, which projects will you accept?

c$.$ If you use a cutoff period of $3$ years, which projects will you accept?

d$-1.$ If the opportunity cost of capital is $10\%,$ calculate the NPV for projects A$,$ B$,$ and C$.$

Note: Negative amounts should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to $2$ decimal places.

d$-2.$ Which projects have positive NPVs$?$

e$.$ "Payback gives too much weight to cash flows that occur after the cutoff date." True or false?

$\backslash$table$[[,$Project A$,$Project B$,],[$a$.$ Payback period,,Years,$],[$b$.$ If you use the payback rule with a cutoff period of $2$ years, which projects will you accept?,,Years,$],[$c$.$ If you use a cutoff period of $3$ years, which projects will you accept?,,,$],[$d$-1.$ If the opportunity cost of capital is $10\%,$ calculate the NPV for projects A$,$ B$,$ and C$.,,,],[$d$-2.$ Which projects have positive NPVs$?,,,],[$e$.$ "Payback gives too much weight to cash flows that occur after the cutoff date." True or false?,,,$]]$